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Bank of N.T. Butterfield & Son

130 hedge funds and large institutions have $1.45B invested in Bank of N.T. Butterfield & Son in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

37% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 35

10% more capital invested

Capital invested by funds: $1.31B → $1.45B (+$137M)

8% more funds holding

Funds holding: 120130 (+10)

1.44% more ownership

Funds ownership: 71.04%72.48% (+1.4%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
130
Holders Change
+10
Holders Change %
+8.33%
% of All Funds
3.24%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.15%
New
27
Increased
48
Reduced
35
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
126
Citigroup
New York
$6K +$1.16K +34 +25%
GT
127
Glenmede Trust
Pennsylvania
$5K +$4.95K +145 New
LF
128
Lee Financial
Texas
$4K
KTC
129
Kistler-Tiffany Companies
Pennsylvania
$2K +$2.15K +63 New
Fifth Third Bancorp
130
Fifth Third Bancorp
Ohio
$1K +$614 +18 New
Walleye Trading
131
Walleye Trading
New York
$215 -$523K -15,346 -72%
Point72 Asset Management
132
Point72 Asset Management
Connecticut
-$16.1M -472,498 Closed
KSCM
133
King Street Capital Management
New York
-$4.77M -140,000 Closed
HHC
134
Hutchin Hill Capital
New York
-$4.43M -130,000 Closed
SSA
135
Schonfeld Strategic Advisors
New York
-$3.16M -92,625 Closed
BIM
136
Bogle Investment Management
Massachusetts
-$1.14M -33,524 Closed
Squarepoint
137
Squarepoint
New York
-$590K -17,300 Closed
PP
138
Paloma Partners
Connecticut
-$550K -16,139 Closed
Schroder Investment Management Group
139
Schroder Investment Management Group
United Kingdom
-$516K -15,200 Closed
QC
140
Quadrature Capital
United Kingdom
-$493K -14,447 Closed
First Trust Advisors
141
First Trust Advisors
Illinois
-$372K -10,917 Closed
RA
142
Raffles Associates
New York
-$239K -7,000 Closed
EMG
143
Ellington Management Group
Connecticut
-$201K -5,900 Closed
MAM
144
Meeder Asset Management
Ohio
-$70K -2,039 Closed
Bank of Montreal
145
Bank of Montreal
Ontario, Canada
-$27K -784 Closed

NTB Hedge Fund Activity: Q3 2017 in Review

130 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2017, worth a combined $1.45B — up 10% from $1.31B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new NTB positions and 15 closed out — a net gain of 12 holders — while 48 added to existing stakes and 35 trimmed.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $38.9M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $16.1M sold.

  • 130 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2017, up from 120 in Q2 2017.
  • Funds reported $1.45B of Bank of N.T. Butterfield & Son stock for Q3 2017, up 10% quarter-over-quarter.
  • 27 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2017 and 15 closed out, a net change of +12 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q3 2017 was Vaughan Nelson Investment Management, an estimated $38.9M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q3 2017 was Point72 Asset Management, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2017.